Business

E3 Metals Corp. Acquires Additional Strategic Land for the Alberta Lithium Project

E3 Metals Corp. Acquires Additional Strategic Land for the Alberta Lithium Project ...

articleE3 Lithium LtdMarch 26, 20204/company/e3-lithium-ltd/news/e3-metals-corp-acquires-additional-strategic-land-for-the-alberta-lithium-project
E3 Metals Corp. Acquires Additional Strategic Land for the Alberta Lithium Project

About this update from E3 Lithium Ltd

[{"type":"text","content":"\n\n\n\nE3 Metals Corp. Acquires Additional Strategic Land for the Alberta Lithium Project\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nCALGARY, March 26, 2020\n\n\n\nTSXV: ETMCFSE: OU7AOTC: EEMMF\nNew permits are located in the highly prospective Meadowbrook-Rimbey Leduc reef trend A sampling program is planned to confirm historic results E3 Metals' CEO recently interviewed at the PDAC conference in Toronto CALGARY, March 26, 2020 /CNW/ - E3 METALS CORP. (TSXV: ETMC) (FSE: OU7A) (OTC: EEMMF) (The \"Company\" or \"E3 Metals\") is excited to announce the addition of 5 new strategic Metallic and Industrial Minerals permits acquired directly from the Alberta government, adding 36,434 ha to E3's overall permit area.\nIn conjunction with the Company's ongoing development of its proprietary Ion Exchange Direct Lithium Extraction Process (DLE Process), E3 Metals is continuously evaluating additional value creation opportunities to grow its project base. The five new permits acquired have been under review for several years as they occur along the highly prospective \"Meadowbrook-Rimbey\" Leduc reef trend (see Figure 1). This area is an extension of E3's existing Alberta Lithium Project, located just north of E3's North Rocky Resource Area (NRRA) which hosts a lithium deposit of 0.93 Mt lithium carbonate equivalent (LCE) (see news release dated November 20, 2017). This prospective geological trend contains hundreds of wells that have been drilled to the Leduc reservoir, with many currently active today. Collectively, these wells are producing a combination of oil, gas and lithium enriched brine. Infrastructure along the trend presents abundant brine sampling and repurposing opportunities, which could minimize environmental impacts for a commercial lithium production project.\nHistorical data available from the Leduc Reservoir in this area indicates that the brine is enriched in lithium. E3 Metals plans to conduct sampling with several of our collaborative oil and gas partners to confirm the concentrations of lithium within this new area.\nThe Company a...

More updates from E3 Lithium Ltd